Dr. Peter Linneman, Leading Economist and Professional Emeritus
The Walker Webcast
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Is There Better Clarity Today Than in the GFC?
The California system came in and put a $4 billion infusion into the B-REAT, Blackstone's private REAT. Kerr: There is better clarity today on the other side of this crisis than there was in the GFC. After 12 years of injecting QE1, QE2, QE3, QE Affinity, raising capital standards, these major banks can sell loans at losses and not go out of business.
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